Newbie looking for guidance for out of state investing

[Anastoshia McCrary]

Hello Everyone, my name is Anastoshia I am a novice real estate investor along with my husband. We are located in Southern California looking to invest in Ohio, specifically Cleveland and Columbus. The goal with investing in Ohio is to flip enough properties to grow savings for a multi-unit that will provide us cashflow. We have decided to invest before we purchase our first family home in Southern California, we want to beef up our income and savings so that we can purchase something we like instead of something just to have. If you live in Southern California, you know what I mean. We need help with lending advice, when it comes to private and hard money loans. Can we receive money from a private or hard money lender from Southern California for a property in Ohio? Which type of loan would you all recommend for our situation (we do work full time and have a small savings)? Any other advice from the Vets here, we would greatly appreciate it. 

Thank you,

Tosh

[Uri Gofman]

I have personally seen many out of town investors overpay for their first Ohio property.  I agree with the other posts that you need to assemble a competent and trustworthy team that is interested in advising you long term, not selling you on something they have in their pipeline per se.  There are many elements to local real estate investment that go beyond just the numbers on a spreadsheet.  Would be happy to talk further if interested.